Over $1B in PPP Loans Went to Now-Closed Businesses

About 3,000 PPP large loan recipients have closed.

Nearly 150,000 jobs may have been lost due to closed PPP recipient businesses.

Between $1.1 billion and $2.6 billion was granted to now-closed businesses.




Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Introduction to MatrixETF

Is the Housing Crisis Bad for Productivity as well as Wealth Inequality?

Weak economic prospects: unemployment or informal jobs

Hyperinflation and Entrepreneurs: An Examination

How Capitalist Utopia Became Everyone Else’s Dystopia

“Inclusive Growth in Britain”

Schrödinger’s Growth

10 Years of Forex

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store


More from Medium

In Layman’s Terms: A Conceptual Guide on Support Vector Machines

How to start with Machine Learning .NET

What is python and why you should learn it and its application

Biometric Systems & Privacy